Delegation — Leveraging Your Time And Resources | LifeHack

August 9, 2024August 8, 2024 ~ knjohn ~ Leave a comment

Delegation is not about doing less work; it’s about working smarter, making the most of the time you have and knowing when to pass some of your work on to others.

Think of your time as a limited jar of marbles. Every task you take on is like adding another marble to that jar. The problem? When you try to cram too many tasks—too many marbles—into your life, your jar overflows. What’s the solution to this all-too-common scenario? Delegation. It’s the act of handing over some of your marbles to someone else, effectively making room in your own jar and avoiding the dreaded overflow.

Mastering How to Focus: Strategies for Greater Productivity & Clarity | LifeHack

August 9, 2024August 8, 2024 ~ knjohn ~ Leave a comment

In today’s world, mastering focus and concentration feels like an uphill battle. I’ve been there, scrolling through endless tips and tricks, searching for ways to lock in my attention amidst a sea of distractions. It’s not just about wanting to improve; it’s about finding practical, science-backed strategies that actually work. That’s why I’ve delved deep into the best ideas and top research to guide you on this journey to sharpen your mind and zero in on what truly matters, whether in life or business.

Understanding focus and how it functions is the first step. Experts describe focus as the act of directing your interest or activity towards a specific goal. But how do we enhance our ability to concentrate in a noisy world? I’m here to break down the essentials, offering insights and mind hacks that promise to elevate your concentration levels. From exploring the science behind focus to practical tips on increasing your attention span, I’ve got you covered. Let’s embark on this path to clearer, more focused thinking together.

Successful Baby Boomer Entrepreneurs Are Thriving—Here’s Why | All Business

August 7, 2024August 6, 2024 ~ knjohn ~ Leave a comment

According to one study, 40% of small business owners are baby boomers. There’s also evidence that many baby boomers are delaying retirement, either because they feel they can’t afford it or because they enjoy working and want to stay busy.

While the prospect of baby boomers embracing self-employment and entrepreneurship is exciting, the shift does not come without its set of challenges. Boomer entrepreneurs will still need to adapt bits and pieces of their personality to the changing world to stay relevant and successful. Luckily, most “boomerpreneurs” possess great traits that prime them for entrepreneurial success—and these traits can be emulated by other generations as well.

How to Deny a Vacation Request Gracefully | AllBusiness.com

August 7, 2024August 6, 2024 ~ knjohn ~ Leave a comment

Summer is here and people want to take time off. However, sometimes it’s just not possible to accommodate every employee’s preferred vacation dates. How can an employer gracefully deny a vacation request from an employee while not hurting employee morale? Five members of YEC weigh in.

Q. What’s the best way to deny a vacation request from an employee?

1. Lead with empathy

Accounting Mistakes Your Small Business Should Avoid | business.com

August 5, 2024August 4, 2024 ~ knjohn ~ Leave a comment

When you’re growing your business, few tasks matter as much as tracking your company’s finances. In the beginning, many small business owners try to manage their books independently instead of using an in-house accountant or bookkeeper.

For many business owners, going it alone leads to easily avoidable mistakes. Here are some of the biggest accounting mistakes that can derail small businesses, along with some tips for avoiding them.

7 accounting mistakes to watch out for

Stay aware of the following avoidable accounting mistakes:

1. Failing to hire an experienced finance professional Even experienced accountants and bookkeepers make mistakes — but they’re finance professionals, and you probably aren’t. Even if you are, is it really worth the extra time investment to manage your business’s books on your own? Hiring a professional minimizes the potential for errors in areas such as tracking expenses, paying vendors promptly, balancing bank accounts and running payroll.

2024 Guide to Business Investment: Get the Best Investor Offer | Business.com

August 5, 2024August 4, 2024 ~ knjohn ~ Leave a comment

Every business needs funding to launch and grow. Often, that funding comes directly from the founder or a business loan. For some businesses, though, getting to that next level requires the help of a business investor. That avenue can be rewarding but carries unique challenges, such as finding the right investors and successfully courting them. Whether you court venture capitalists, angel investors or crowdfund your investments, you must recognize a good deal from a bad one to avoid getting burned.

Samsung Galaxy Ring vs. Oura Ring: Which ring is better for you? | Digital Trends

August 2, 2024August 1, 2024 ~ knjohn ~ Leave a comment

Competition in the smart ring market is heating up, and Oura’s long period of dominance is finally being challenged. Samsung, one of the world’s biggest companies, has stepped up to the plate with the Samsung Galaxy Ring — its own stab at wearable tech that slips onto a finger.

The Galaxy Ring is smaller and lighter than the Oura Ring, but does it have the features to compete? Does the Galaxy Ring’s higher price mean it’s not worth buying? Or does the Oura Ring’s insistence on a subscription mean it’s hard-pressed to hold up to Samsung’s onslaught?

Uber now lets users in India book three trips at once | TechCrunch

July 30, 2024July 29, 2024 ~ knjohn ~ Leave a comment

Uber is rolling out concurrent rides in India, a feature that allows users to book up to three trips for any of their contacts, TechCrunch has exclusively learned and confirmed with the company.

The concurrent rides feature is the latest example of Uber developing products that will capture more customers, including those who don’t have the app or even a smartphone. In India, Uber even allows concurrent ride users to pay drivers directly with cash or via the app.

Uber quietly launched the concurrent rides last year in several global markets, including the United States. An Uber spokesperson confirmed the new feature is now available in India and will be rolled out in the country in a phased manner. The spokesperson would not confirm the exact details of the cities in which it is currently available.

Amazon CEO Andy Jassy: This Is How You Earn Employees’ Trust | Entrepreneur

July 30, 2024July 29, 2024 ~ knjohn ~ Leave a comment

Amazon CEO Andy Jassy recently spoke in a company video about the successful principles of good leaders.

Jassy said that one important principle is earning trust from your employees — but not in the way that people might think.

“They sometimes confuse it with being nice to one another or having social cohesion or not challenging each other in meetings. That’s not what we mean,” Jassy said. “What we mean is being honest, authentic, straightforward, listening intently but challenging respectfully if you disagree, and then delivering what you said you would.

Jassy added that, if you want to earn trust, you have to deliver news to employees, good or bad.

How Focus Sparked the Growth of this Fitness Racing Brand | Entrepreneur

July 29, 2024 ~ knjohn ~ Leave a comment

In business, everyone has an opinion. It can be easy for founders to get swayed by the latest trends, customer chatter, or investor pressure. However, for Christian Toetzke, founder and CEO of the global fitness racing craze HYROX, staying true to his original vision has been key to the company’s explosive growth.

“You have to be very convinced about your product and the DNA of a product. And you have to stick to the game plan,” he says.

Toetzke appears this week on an episode of One Day with Jon Bier to talk about the power of persistence, the importance of retaining company equity, and other lessons he’s learned since launching his brand in 2017.